Financing & Factoring: A Conversation with Gary Wassner of Hilldun Corporation

We are thrilled to have Gary Wassner CO-CEO of Hilldun Corporation at our next Meetup.

The purpose of this event is to help you gain a better understanding of fashion financing and factoring. In our conversation, we will discuss:

  • What is factoring and how does it work
  • When should a designer use a factor
  • How much capital should a designer expect to have to run a business
  • The fashion community hears about technology startups getting funding. How realistic is it to get funding from an investor for an emerging designer
  • Budget allocations: production, marketing, sourcing, sales, etc...
  • How to be smart with your money and what not to waste money on
  • When working with retailers, how does the process work in terms of financing, payment, expectations

The flow of the evening will be:

6:30 - 6:45 - Arrival & Networking

6:45 -7:30 - Conversation

7:30 - 7:45 - Q&A

7:45 - 8:00 - Networking

Read more about Gary below and follow him on Twitter at @Gary_Wassner

In the fashion industry, Gary Wassner, CO-CEO of Hilldun Corporation, known as the company behind many of Seventh Avenue's most prestigious fashion companies, has provided financing and factoring for many of America's most iconic designer labels. Derek Lam, Peter Som, Jason Wu, Maria Cornejo, Yeohlee, Alexander Wang, Nanette Lepore, Rebecca Taylor, Twinkle, Naeem Kahn, Zang Toi, Vivienne Westwood, Wes Gordon, Chris Benz, Mara Hoffman, Thom Browne, Betsey Johnson, Marc Jacobs and Alexis Bittar are only a few of fashion's finest that have benefited from the discerning eyes and business acumen of he and his business partner of twenty years, Jeffrey Kapelman.

Recently named one of Fashionista's 50 Most Influential People in Fashion, Gary is also a member of the CFDA Advisory Board and a mentor for the CFI Incubator program, an advisory board member of Fordham Law School's Fashion Law Institute, as well as a member of Senator Gillibrand's Fashion Industry Working Group and a passionate supporter of the Save The Garment Center movement and all causes related to supporting the Fashion Industry in NYC.

In addition to being a force in the fashion industry, he is a well respected fiction writer and children's book author. His GemQuest series: THE TWINS; THE AWAKENING; THE SHARDS and THE REVENGE OF THE ELVES is popular among sci-fi and fantasy readers. The fifth and final book in the GemQuest series, WHEN MONSTERS CALL OUT THE NAMES OF MEN, will be released the second half of 2013. One of his children's books, THE MYSTERY OF THE JUBILEE EMERALD published by Mondo Publishing, is available everywhere. The next two books in that series, THE CANDLE ROCK MYSTERY and THE MYSTERY OF THE PRESIDENTIAL PAPERS, were published in January of 2013. In 2012, he published ISABELLA CUCHARELLA, FASHION DESIGNER EXTRAORDINAIRE, a picture book for budding young fashion stars, 50% of the proceeds of which he donated to the CFDA Fashion Incubator.

Join or login to comment.

  • Nadav Trenter M.

    Hey fashion designers,

    Test the demand for your garments before production.
    Check it our here -­

    Feel free to contact me with anyquestions

    October 30, 2013

  • chriss s.

    This was great ! really thoughtful discussion and questions & great opportunity to find out how factoring works - thank you!!

    April 24, 2013

  • Detelina S.

    Very well organized, informative, Gary Wassner was a wonderful speaker, and it was priceless to hear his advice and pointers to emerging designers. Great job!

    April 24, 2013

  • dareyna

    I won't be able to make the event is there any way I can get the info that will be given out as I've already paid for the class? help!

    April 22, 2013

    • Melissa H.

      Yes. We will be doing a recap!

      2 · April 23, 2013

    • k.d.

      Can't wait for the recap!

      April 24, 2013

  • Auston B.

    I ended up having a very important sales mtg. Can I get the minutes or notes please. I really wanted to be a this. It's something I really need to learn.

    April 23, 2013

  • Candice C.

    I'm at the location and I don't see an entrance

    April 23, 2013

  • Detelina S.

    Thanks, Melissa! Glad I got in and excited to meet all!

    April 23, 2013

    • Melissa H.

      Perfect! I look forward to meeting you.

      April 23, 2013

  • k.d.

    Just booked something else. I hope you have another one of these.

    April 22, 2013

  • Yana E.

    Very upset that I will have to work the evening of this event. I'm sure it will be amazing! Will any videos of it be available online later?

    April 22, 2013

  • Detelina S.

    Am I in? It said a spot opened up but how do I register?

    April 22, 2013

  • Nelson L.

    Will there be more spots opening?

    April 20, 2013

    • Melissa H.

      Hi Nelson. Please sign up for the waiting list and if anyone is not able to attend, you will get their spot. Thanks!

      April 21, 2013

    • Detelina S.

      Hi, Melissa, I am new, I really want to attend this meeting.Where is the waiting list?Thanks!

      April 22, 2013

  • Karen H.

    I am working on starting my Active Wear Label!

    April 12, 2013

  • Liza K.

    Looks great!

    April 3, 2013

  • vasumathi

    Looking to connect with other new entrepreneurs, discuss start-up concerns. And meet interesting people.

    April 1, 2013

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